With over $9 billion in assets under management, GGV Capital is one of venture capital’s largest and most prominent players. The 22-year-old firm invests in …
Pakistan cracks down on sketchy digital lending
Pakistan’s markets regulator issued new guidelines for digital lending in the country, cracking down on several sketchy practices that it said have become prevalent in …
Jakarta-based fintech Akulaku raises $200M from Japan’s largest bank
Jakarta-based fintech Akulaku has raised $200 million from Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan. This is part of a strategic investment, …
Indian fintech Money View valued at $900 million in new funding
Indian fintech Money View said on Monday it has raised $75 million in a new funding round, its second this year, despite the market slump …
Fatal police shooting of startup founder puts Austin’s diversity problem in the spotlight
Rajan “Raj” Moonesinghe (right) and his brother Johann Moonesinghe (left) pictured with their cousin (center). Image Credits: Johann Moonesinghe For years, Austin has made headlines …
South Korean financial super app Toss closes $405M Series G as valuation rises 7%
Viva Republica, an operator of South Korean finance super app Toss, has finalized a $405 million Series G funding and it says it is now valued …
The top fintech stories of 2022
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With Bling, the fintech startup revolution spreads even to pocket money
Today, banks and fintech startups tend not to provide products dedicated to families, specifically, and this has appeared as something of a gap in the market. …
Poolit raises millions to turn accredited investors into LPs in VC, private equity funds
Dakotah Rice spent years working in the investment banking industry at firms such as Goldman Sachs, Carlyle and Coatue. One thing that stood out to …
This startup just landed $8.5M led by Bessemer to help companies automate their financial operations
The problem of cash flow reconciliation is an increasingly large one, especially in light of the explosion of digital payments since the onset of the …